KINIBIZ It is possible that the federal government had bailed out 1Malaysia Development Berhad (1MDB) by paying its RM2 billion debt last week, said Pandan MP Rafizi Ramli.

According to Rafizi ( left ), the federal government had issued - within the last two weeks - two series of Malaysian Treasury Bills or short-term debts, amounting to RM2.1 billion.

“It is an extraordinary amount, and it's almost the same (amount) as 1MDB’s debts that were settled last week,” Rafizi noted.

The Pandan MP added that if 1MDB’s much publicised negotiations with billionaire Ananda Krishnan to settle those debts did somehow break down, it raises the question of whether the federal government had borrowed RM2.1 billion from the debt market to bail 1MDB out.

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